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Markets today. MADRID, Jan 11 (Reuters) - Cosmetics maker Puig has bought a majority stake in German skincare brand Dr. Barbara Sturm for an undisclosed sum, the family owned Spanish company said.
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The Spanish beauty and fashion conglomerate Puig has taken a majority stake in the German luxury skincare brand created by Dr. Barbara Sturm. WHO: Dr. Barbara Sturm, who is positioned as a leading authority in anti-aging and inflammation, launched her namesake skincare brand, based in Dusseldorf, Germany, in 2011.The brand launched with Net-a-Porter in 2014, and current retail partners include.
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The Spanish company, which has said it is evaluating listing its shares publicly, said founder Dr. Barbara Sturm will retain a minority stake in the skin and hair care maker, which was founded in.
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Dr. Barbara Sturm is a globally renowned German doctor, aesthetics expert and anti-inflammatory pioneer with a background in orthopedic research. Dr. Sturm studied Medicine and Sports at the Heinrich Heine University in Düsseldorf before beginning her medical career in orthopedics. In 2002, Dr. Sturm translated the science from her clinical.
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11 January 2024. Spanish beauty and fashion conglomerate Puig has acquired a majority stake in German premium skincare brand Dr. Barbara Sturm, bolstering the group's position in the luxury skincare market. Financial terms of the deal were not disclosed, but sources close to the company say retail sales reached $150 million in 2023.
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About Dr. Barbara Sturm Dr. Barbara Sturm is a globally renowned German doctor, aesthetics expert and anti-inflammatory pioneer with a background in orthopedic research. Dr. Sturm studied Medicine and Sports at the Heinrich Heine University in Düsseldorf before beginning her medical career in orthopedics. She worked as part
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Dr. Barbara Sturm, who founded the eponymous brand in 2014, will retain a minority stake and continue serving as Chief Product Development Officer, per the company press release.
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Dr. Barbara Sturm created a full anti-inflammatory collection, and has seven spas and boutiques worldwide, including in London, New York, Miami, and Los Angeles. Some of its products have featured.
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tobi_holzweiler. For Dr Barbara Sturm, one of the world's best known skincare revolutionaries, it's unsurprising that beauty starts at home. She fondly recalls her childhood spent near the.
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Puig has announced it is acquiring a majority stake Dr. Barbara Sturm, which offers an exclusive portfolio of products spanning skin care, body and hair care and supplements.. Founder Dr. Barbara Sturm will retain a minority stake and continue leading the brand 's product development as chief product development officer and brand ambassador.
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Dr. Barbara Sturm started her career in medicine. "The unifying thread that runs across my entire medical career is combating inflammation," Sturm says. Her journey began after graduating from Heinrich Heine University in Germany with a specialization in medicine and sports.
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She's treated Gwyneth Paltrow, Angela Bassett and at least one Hadid. How Dr. Barbara Sturm, 47, has grown her skincare business 300 percent over the last two years—entirely on word of mouth.
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It may sound wacky, but she's built an estimated $150mn business on the back of it. "When Dr Barbara Sturm launches a new product, there is always excitement," says Annalise Fard, director.
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Its formulation is packed with high-performance ingredients that have a powerful depuffing, anti-aging and brightening effect, reducing dark circles, signs of fatigue and fine lines in just 28 days* for youthful-looking skin. PRICE | $300. DISCOVER MORE.
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En este caso, en el de cuidado de la piel, con la adquisición de una participación mayoritaria de la firma alemana Dr. Barbara Sturm, fundada en 2014 por la doctora del mismo nombre, y que se.
